How about those property taxes?

[wifi]

Originally Posted by Lucky2Bhere

Question?.....For a state with so many vacation home owners what are the options besides property or sales tax. Should a relatively small group of permanent residents shoulder the load with an income tax? ......

Here is how one state, with many winter homes and lots of non resident traffic handled it:
http://www.pbcgov.com/papa/Exemption.htm
http://www.pbcgov.com/papa/SaveOurHomes.htm

Interesting concept, they have been doing it for 12 years.

[ITD]

Originally Posted by wifi

Here is how one state, with many winter homes and lots of non resident traffic handled it:
http://www.pbcgov.com/papa/Exemption.htm
http://www.pbcgov.com/papa/SaveOurHomes.htm

Interesting concept, they have been doing it for 12 years.

I think a cap on property value increases is not the way to do it. ( Hopefully I read the link right.) If a property is underassessed it should be fixed quickly when found. Everybody should pay their fair share, and in property tax that fair share is base on the assessed value of your property which is base on what you could sell it for. A cap on property value increases does not address the problem which is politicians wasting your money. A cap on the tax levy addresses this problem nicely. The politicians need to ask permission to spend outside of their means (which is the tax levy). The voters can say no. It's a nice system that makes pols a little more honest although it is not perfect.

[Irish mist]

Airwaves when you can name ONE state in the nation where an income tax, or extra tax, lowered property taxes over the long run I'll take you serisouly.......until then you are just blowing smoke.
________
MEXICO CITY HOTELS

[Airwaves]

Irish Mist
I don't believe I said an income tax WOULD lower property tax. I said it would benefit the state you actually live in and could:

address issues either not being addressed now, or could allow local communities to reduce property taxes. That's where the voter comes in.

Note that last line...THAT'S WHERE THE VOTER COMES IN...That means elect folks that will do what you would like seen done. Perhaps lower property taxes, perhaps pay for kindergarten, whatever you want. That's what voting is for.

Don't vote then don't complain about how your tax money is spent.

In the meantime NH residents paying out of state income tax to Massachusetts benefits me, not you